Sweden-based mobile payment firm iZettle is often compared to Square. And the comparison is certainly not entirely unwarranted, as both firms are known for essentially the same achievement: enabling small businesses and micro-merchants to accept card payments, albeit in two very different marketplaces with rather...
FIS is launching a financial inclusion lab in Bengaluru, India, to develop methods for tapping into the vast underbanked population of the country. The lab, which is FIS’ seventh so far and the first in India, would help the banking products and services company collaborate...
Mobile money by any other form factor may not smell as sweet. Older devices can make access to even basic mobile money services a challenge. Mozido’s acquisition of NettCash in Africa says its head of M&A in EMEA, Adnan Doha, helps them break through such...
JPMorgan Chase, Goldman Sachs and Morgan Stanley are teaming up to clean and store reference data at a cheaper price than it would cost for them to do undertake the process individually, according to people close to the matter.
Online lender Social Finance has raked in around $1 billion from its collective investors, bringing the startup’s value to roughly $4 billion. The San Francisco-based firm raised that equity round in the last several weeks, according to Wall Street Journal reporting. If that valuation pencils out right,...
With the Great Recession officially a memory for most consumers, Americans are both buying and financing cars. A lot , as it turns out, as auto loan debt has tipped over the $1 trillion mark for the first time in U.S. history. That figure comes...
Most Facebook users have a friends list that is composed of a motley crew of various people they met in high school and college, coworkers, friends they made on vacation, the six or seven friends they’ve made in the last 10 years and a whole...
Most Americans need a car. Some have recently opined that this trend may be coming to its end, pushed by the 80 million or so who reportedly prefer living in urban areas. According to Nielsen, 62 percent indicate they prefer to live in the type of mixed-use...
The not-so-secret secret to success in cross-border commerce is to focus on local needs. But that’s just a concept; how can merchants truly make it a strategy? Larry Illg, CEO of PayU, shared his thoughts on turning a theory into a reality with MPD CEO...
